# As kharif harvest gains momentum, what's in store for crop prices? | Economy & Policy News - Business Standard

> Indian kharif harvest is gaining pace, with paddy trading below MSP in some markets and maize above MSP. Soybean has been selling below MSP in some mandis, and the government has raised import duties on edible oils.

- Date: 2024-11-12 · published 2024-11-12T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27373-as-kharif-harvest-gains-momentum-what-s-in-store-for-crop-prices-economy-and
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Heavy domestic arrivals and below-support prices for paddy and soybean point to soft Indian prices, while the edible oil duty change could support domestic oilseed values.

## Read by commodity

- SOY: neutral
- RICE: bearish ▼
- PALMOIL: neutral

## Sources

- business-standard.com: https://www.business-standard.com/economy/news/as-kharif-harvest-gains-momentum-what-s-in-store-for-crop-prices-124111201105_1.html

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.